PHOTO: SMH
In a disturbing incident, real estate agent Robby Yong was detained in October amid allegations of exploiting a dementia-afflicted elderly woman. The accusations suggest that Yong relocated the vulnerable individual to his Narwee residence and proceeded to rent out her apartment without proper consent or authorization.
This distressing situation raises concerns about the ethical conduct within the real estate industry and the potential exploitation of individuals who may be unable to fully comprehend or consent to such transactions due to their cognitive conditions.
The case involves the elderly Diana Yoe, who reportedly suffers from dementia and sought assistance from Yong, associated with GW Property and Investment, in late 2021[3]. The subsequent events, wherein she was allegedly relocated to Yong’s Narwee home and her apartment was rented out, have led to legal repercussions for the real estate agent.
Real estate agents embroiled in a legal dispute over the transaction of a $6.8 million property
This incident underscores the importance of robust regulations and oversight in the real estate sector to prevent the exploitation of vulnerable individuals. It also prompts a critical examination of the duty of care that professionals in the industry owe to their clients, particularly those who may be in compromised cognitive states.
- SMH – Real estate agent arrest
- Ground News – Real estate agent arrest
- Reddit – Real estate agent ‘conned elderly woman’ out of flat, fortune
Dodgy AUSTRALIAN real estate agents pinged with $1m in fines
Wellington real estate agent warned about money laundering regulations